May 5: Bitcoin rallies as Fed raises rates, Musk could make Twitter 'worse,' luxury brand accepts DOGE and SHIB

On today's CoinMarketRecap with Connor Sephton, SEC chairman Gary Gensler says clear rules for the crypto industry already exist — and asks for more money to catch bad actors. Some amazing news if you're a Paxful Earn customer who was affected when Celsius went bust. A member of Pussy Riot is put on Russia's most wanted list — with an NFT used as evidence. And Matt Damon reveals why he starred in a Crypto.com advert that was mercilessly mocked online. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.

On today's CoinMarketRecap with Connor Sephton, why Do Kwon's extradition might be some time off yet. The date when Ethereum stakers can make withdrawals has been revealed. And Kraken partners up with an F1 team as the crypto winter starts to thaw. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.

On today's CoinMarketRecap with Connor Sephton, Sam Bankman-Fried has been accused of bribing Chinese government officials. Binance's CEO reacts to a new civil complaint filed by the CFTC. What a difference a week makes — Do Kwon is now being held in medical quarantine following his arrest in Montenegro. Also coming up… a man who stole 50,000 Bitcoin from Silk Road asks for no prison time. MicroStrategy ends a loan agreement with Silvergate Bank and spends another $150 million buying Bitcoin. Disney shuts its metaverse unit as it prepares to cut 7,000 jobs. And the U.K. ditches plans to launch a non-fungible token. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.

On today's CoinMarketRecap with Connor Sephton, Do Kwon's ordered to spend 30 days in detention. A man accused of stealing millions of dollars claims he was kidnapped and tortured. A CryptoPunk worth $135,000 is accidentally destroyed. And Nvidia — which makes graphics cards used for mining — says crypto adds nothing useful to society. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.

On today's CoinMarketRecap with Connor Sephton, a double blow for Do Kwon as the U.S. files fresh fraud charges. Block's share price plunges as a new report accuses Cash App of facilitating fraud on a massive scale. The SEC warns investors to stay away from crypto — as Coinbase reveals how it plans to fight back. And a new report suggests there's a bull run when it comes to digital land. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.

On today's CoinMarketRecap with Connor Sephton, Do Kwon is no longer on the run — we'll bring you the latest. The Federal Reserve and the Bank of England increase interest rates once again. Plus — Justin Sun and eight stars are charged by the SEC, as Coinbase attacks U.S. regulators. And why Arbitrum's airdrop got off to a shaky start. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.

On today's CoinMarketRecap with Connor Sephton, Cathie Wood says Bitcoin's recent price action could attract institutional investors. But a new report from Joe Biden criticizes cryptocurrencies — and says they lack fundamental value. Also coming up — a woman who worked for OneCoin is arrested in New York after being extradited in Bulgaria. $1.5 million is stolen from Bitcoin ATMs after a devastating security vulnerability. We'll find out why Coinbase has headed to the Supreme Court. And another payout is approved for a small group of Celsius customers. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.

On today's CoinMarketRecap with Connor Sephton, Florida's governor wants to ban CBDCs — we'll tell you why. A former Coinbase executive is betting that Bitcoin will hit $1 million in 90 days. Plus — Credit Suisse gets a bailout… five years after dismissing Bitcoin as a speculative bubble. Crypto.com continues its battle to retrieve millions of dollars lost after a fat-fingered mistake. BitBoy Crypto is accused of threatening and harassing a lawyer. And we talk about Euler Finance, Signature Bank and FTX too. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.

On today's CoinMarketRecap with Connor Sephton, Bitcoin shows strength as the banking crisis continues. Coinbase reveals international ambitions as it pivots away from the U.S. Plus — we'll tell you why things look like they're improving at FTX. Thousands lose money in what may be one of the biggest crypto scandals of all time. And yet another DeFi exploit is linked to North Korean hackers. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.

On today's CoinMarketRecap with Connor Sephton, Signature Bank's new buyer may have to steer clear of crypto. Europe unveils another huge rate hike — despite the banking crisis. Sam Bankman-Fried asks for FTX to pay his legal fees — before compensating anyone else. Also coming up… an exiled Chinese businessman is charged with a $1 billion fraud that involved cryptocurrencies. The U.S. and Germany team up to shut a Bitcoin mixing service. And why unstaking Ether from the deposit contract could take months. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.